Steven's Property

Vacant Land for Sale
Catylist Listing ID: 30055191
Property Subtypes: Multi-Family, Residential (Single Family), Other
Gross Land Area: 0.32 Acres
Sale Price: $49,900
Unit Price: $155,937 Per Acre
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/24/2017

Overview / Comments

This parcel of land fronting on King Mill Pike is a small part of a larger tract which could exceed Twelve Acres by adding two additional parcels. At this time, one parcel which surrounds this property contains +/- 8.2 Acres and is Zoned R-2, R-3 however across King Mill Pike the property is Zoned B-1 which makes this property prime development property which can be utilized as residential or with a change of Zoning, can be used for many commercial and retail business purposes. Property is located in the City of Bristol with all utilities being found adjacent to the property. Please contact the Listing Agent for more information.

Additional Details

Nearest MSA: Kingsport-Bristol-Bristol
County: Bristol
Submarket Type: Other
Taxing Authority: City of Bristol, Virginia
Tax ID/APN: 384
Zoning: R-2, R-3 & ADJACENT TO B-1
Property Located Between: Valley Drive and Old Airport Road
Property Visibility: Excellent
Legal Description: Per request.
Highway Access: Property fronts on King Mill Pike which is a main arterial road between Old Airport Road and Valley Drive
Airports: TRI - Tri Cities Regional Airport; Highlands Community Airport
Site Description: Property contains 0.74 acres with nearly 120' of frontage along King Mill Pike. The land is slightly elevated above the road height and is quite level, with a clay and shale rock base.
Area Description: The property is currently in an expanding area and is well located for many uses, including commercial development.
Lot Frontage: 120'
Lot Depth: 260'
Zoning Description: R-2, which is a higher density residential use for some multifamily. Property across King Mill Pike is Zoned B-1.
Topography: Undulating
Easements: Electric Lines, Utilities
Soil Type: Rock
Available Utilities: Electric, Water, Sewer, Cable, Broadband, Internet Access
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,417 31,923 55,786
Median Age: 40.81 41.2 42.1
Households: 3,203 13,832 23,975
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